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i mean, you play their clips before the election and after the election. and, as folks say, elections have consequences. and one of the consequences is, and the republican party recognizes, is that they need to support comprehensive immigration reform. now, hopefully, they can work that out. >> one of the things that i think you brought home during the democratic convention is the personal investment that many latino scitizens have and those that want to be in trying to attain the american dream. this is not something anti-american. this is pro-american by people that are citizens here. and want to see their families get what americans have promised the world. yeah, you know, so many times during these last couple of years for this immigration dewad debate has been raging. i've listened to americans talk about imgrants, in particular, latinos as though they're foreign and bring different values to the counsel tri. i represent san antonio. and we have latinos who have been here for generations. been serving in the military. been getting good education, they
i mean, you play their clips before the election and after the election. and, as folks say, elections have consequences. and one of the consequences is, and the republican party recognizes, is that they need to support comprehensive immigration reform. now, hopefully, they can work that out. >> one of the things that i think you brought home during the democratic convention is the personal investment that many latino scitizens have and those that want to be in trying to attain the...
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you won the election. give you $800 billion but find it in a way with less of an impact. >> despite what corker and coburn -- they're senator, not house republicans. >> there is a difference between house and senate on this. you have rand paul saying give the president the tax rate and let him live with consequences. the house republicans will try to find a way to give him the money he wants. $800 billion. i don't think this is serious when the president walked in. >> bret: that is not going to sell on the democratic side. anything that doesn't raise rates. >> doesn't raise rates won't happen. >> bret: turn to spending. we talked about taxes, we have not talked about the spending. where is the spending that the republicans compromise wise think they need to get to? >> look. let's be clear about this. the republicans view this as ap. if you take a look at outlays, in 2008, when we went in the economic difficulty; fy-08 there were $2.9 trillion in outlays. today it's $3.8 trillion in fy-13. revenues $2.5 in
you won the election. give you $800 billion but find it in a way with less of an impact. >> despite what corker and coburn -- they're senator, not house republicans. >> there is a difference between house and senate on this. you have rand paul saying give the president the tax rate and let him live with consequences. the house republicans will try to find a way to give him the money he wants. $800 billion. i don't think this is serious when the president walked in. >> bret:...
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Dec 10, 2012
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the dow and s&p 500 gained post-election day tumble. the dow climbed 13 points for its fourth straight game. >>> more trouble for once untouchable apple. jeffries cut its price target by 100 bucks down to $480 a share. shares fell by more than half a percent on the news. >>> now on to our top story. tonight is taxes and how hard we are all about to get hit. there are already a trillion in tax increases baked right into the obamacare law and that means upper being in earners will see billions of dollars in tax hikes as it is. for democrats it is not enough. with republican lawmakers backing off the pledge not to raise taxes looks like tax hikes for the wealthy are certainty. joining for more, grover norquist, president of americans for tax reform. thanks so much for joining us. >> absolutely you say a lot of people are missing the fact that obamacare baked in a ton of tax hikes for wealthier americans as it is? >> people talk about the fiscal cliff as if it is one thing. it is three. there's the obamacare taxes. to pay for obamacare were
the dow and s&p 500 gained post-election day tumble. the dow climbed 13 points for its fourth straight game. >>> more trouble for once untouchable apple. jeffries cut its price target by 100 bucks down to $480 a share. shares fell by more than half a percent on the news. >>> now on to our top story. tonight is taxes and how hard we are all about to get hit. there are already a trillion in tax increases baked right into the obamacare law and that means upper being in...
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and they were very instrumental in helping him get elected and re-elected. >> reporter: that's right. the election results tell the story. president obama won the union vote handily. nationwide, he won 58% of the union vote. compared to governor romney who got 40%. and unions also contributed heavily to donations and get out the vote efforts. $143 million they gave overall in the 2012 campaign to general candidates and elections in general. only 4% went to republicans. the rest went to democrats and outside spending groups. so you can see the impact they had across the board it and, wolf, while michigan wouldn't be the first state to pass right to work laws, in fact, 23 other states already have right to work laws. so tomorrow michigan could become the 24th state to have one. as the birthplace for the organized labor movement in the u.s., passage for this law in michigan would be a body blow to the labor movement in the u.s., wolf. >> certainly would be. thanks very much for that, jessica. >>> the president's due back here in washington just in a little while from michigan. his focus
and they were very instrumental in helping him get elected and re-elected. >> reporter: that's right. the election results tell the story. president obama won the union vote handily. nationwide, he won 58% of the union vote. compared to governor romney who got 40%. and unions also contributed heavily to donations and get out the vote efforts. $143 million they gave overall in the 2012 campaign to general candidates and elections in general. only 4% went to republicans. the rest went to...
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he was popularly elected. it was not close. he won a substantial victory. if the military shoots anyone, that changes. president mubarak was tried, prosecuted and acquitted using the military to kill people. president morsi has ordered him tried again and again until he is convicted, the same thing that president morsi is threatening. he may not survive it biologically. >>shepard: egypt is the largest country if that region and without them, peace will be difficult to attain. a rising star in latin music world is dead after a small plane carrying the singer crashed to the ground. that is according to mexican police. she is a mexican american singer songwriter and reality tv show star who sold an estimated 15 million records world wide and she just won two billboard mexican music awards including female artist of the year and reportedly signed a deal with abc just days before the crash if a comedy to introduce the 43 year old star to a broader audience in the united states. critics praised her soulful voice and her openness in trying to make a better life if
he was popularly elected. it was not close. he won a substantial victory. if the military shoots anyone, that changes. president mubarak was tried, prosecuted and acquitted using the military to kill people. president morsi has ordered him tried again and again until he is convicted, the same thing that president morsi is threatening. he may not survive it biologically. >>shepard: egypt is the largest country if that region and without them, peace will be difficult to attain. a rising...
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Dec 10, 2012
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these are the folks who helped elect the president not too long ago. should the president step in and go to bat for them? >> well, you know, the unions have been enormously supportive of the president as you point out. not only during this campaign, not only as foot stole jer sold helping get out the vote, but also financially with their dollars. the white house already expressed its support for the unions opposing right to work legislation. one of a white house official put out a statement today, matt lairic, saying in part, let me find the statement, president obama has long opposed so-called right to work laws and he continues to oppose them now. the president believes our economy is stronger when workers get good wages and good benefits. and he opposes attempts to -- he opposes attempts that -- can we change the graphic? >> it is up on the screen. >> he opposes the -- roll back their rights. michigan and its workers' role in the revival of the u.s. automobile industry is a prime example of how unions have helped build a strong middle class and stro
these are the folks who helped elect the president not too long ago. should the president step in and go to bat for them? >> well, you know, the unions have been enormously supportive of the president as you point out. not only during this campaign, not only as foot stole jer sold helping get out the vote, but also financially with their dollars. the white house already expressed its support for the unions opposing right to work legislation. one of a white house official put out a...
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] >> stephanie: that brings me to the election is over. mitt romney remains the most awkward man in the world. did you see? did you see this story? how do you say this guy's name? >> manny. >> stephanie: i don't keep up with the boxing. so the boxing match. he should know better than to meet with mitt before the fight because he got loser on his -- he got knocked out many times. >> surprise loss. >> was out for 2:00. we were worried for his health. >> like dick morris. >> stephanie: who goes yes, i would love to meet mitt romney and then he touched him. he got loser all over him! [ wah wah ] >> stephanie: "the new york times" described the surreal exchange. in came mitt romney. yes, that mitt romney. former governor of massachusetts. every hair on his head in place romney came in twice. his introduction was at once awkward and hilarious. hi manny i'm mitt romney. i ran for president. i lost. [ wah wah ] >> okay. >> who says that? >> stephanie: he doesn't think -- >> wait a minute. >> i'm getting loser dust all over you. >> god. >> stephani
] >> stephanie: that brings me to the election is over. mitt romney remains the most awkward man in the world. did you see? did you see this story? how do you say this guy's name? >> manny. >> stephanie: i don't keep up with the boxing. so the boxing match. he should know better than to meet with mitt before the fight because he got loser on his -- he got knocked out many times. >> surprise loss. >> was out for 2:00. we were worried for his health. >> like...
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it comes at a sensitive time for both south korea and japan who hold elections this month. tokyo has already deployed its military to takeout any debris from the rocket and also the u.s. military as deployed more ships with special antimissile systems so they could intercept the rocket if it does go towards japan. back to you, jon. jon: david piper keeping an eye on north korea. thank you. jenna: we'll stay with overseas news and go straight to egypt. egypt plunging deeper into turmoil as the military acting on orders of the president there out in force and giving new power to arrest civilians ahead of this week's vote on that draft constitution that is so controversial. this as thousands of protestors take to the streets near the pre in cairo demanding the fall of the new regime. conor powell is live with more now. >> reporter: jenna, this political crisis is only growing and increasing in seriousness. at the heart of all this is the draft constitution which is supposed to be voted on on saturday. opposition groups want that vote postponed. they say the draft constitution
it comes at a sensitive time for both south korea and japan who hold elections this month. tokyo has already deployed its military to takeout any debris from the rocket and also the u.s. military as deployed more ships with special antimissile systems so they could intercept the rocket if it does go towards japan. back to you, jon. jon: david piper keeping an eye on north korea. thank you. jenna: we'll stay with overseas news and go straight to egypt. egypt plunging deeper into turmoil as the...
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Dec 10, 2012
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i mean i won the election. well, simply put, i felt sorry for this man. i realize how badly the republican party treats him when he even considers raising taxes. this man, this grown man was pushed into the congressional ladies' washroom, naked from the waist down. >> they held me down and took my pants. >> so, you know, republicans, you win? okay? you get what you want. but you leave this man alone. you leave this poor orange man alone. >>> welcome back to "cbs this morning." two australian radio hosts are apologizing for their prank phone call to the hospital where prince william's wife catherine was being treated. >> they say they were heartbroken to learn that the nurse who treated the duchess had committed suicide. elizabeth is outside the hospital. good morning. >> reporter: good morning, charlie and norah. this is the first time the two deejays have spoken publicly on australian national television. the interviewer started by asking them if they remember the moment they heard that nurse jacint jacintha sal vanna killed herself. >> unfortunately i r
i mean i won the election. well, simply put, i felt sorry for this man. i realize how badly the republican party treats him when he even considers raising taxes. this man, this grown man was pushed into the congressional ladies' washroom, naked from the waist down. >> they held me down and took my pants. >> so, you know, republicans, you win? okay? you get what you want. but you leave this man alone. you leave this poor orange man alone. >>> welcome back to "cbs this...
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in the final tally, romney won 47% of the popular vote in the presidential election. all of this comments romney's comment to donors that 47% of the nation would never vote for them because they are too dependent on government services. >>> north korea just extended the launch period for a controversial rocket launch. now, the u.s. believes north korea uses launches like this to test technology for missiles that could be used to hit the u.s. but north korea insists the launches are only aimed at putting a satellite into satellite -- a satellite into orbit. >>> well, nelson mandela is in the hospital. he's getting care that's kint with -- that's consistent with his age, it's reported. he became south africa's first black president in 1994. he's now retired from public life. >>> coming up on 7:1. a sexual assault -- 7:18. a sexual lawsuit against the monetary fund could be settled in court. the lawsuit is against strauss- kahn by a housekeeper last year. today, the lawyers on both sides will update the judge on the status of the negotiations. >>> secret files on los ang
in the final tally, romney won 47% of the popular vote in the presidential election. all of this comments romney's comment to donors that 47% of the nation would never vote for them because they are too dependent on government services. >>> north korea just extended the launch period for a controversial rocket launch. now, the u.s. believes north korea uses launches like this to test technology for missiles that could be used to hit the u.s. but north korea insists the launches are...
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they spent over 400 million dollars to get president obama re-elected. stuart: 400 million, that's a gigantic chunk of money. peter, always a pleasure, thanks very much for being with us, on a very important day. tomorrow will be a very important day because it is right to workday back in michigan. we appreciate you being with us. >> thank you very much. stuart: yes, sir. the white house sends out invitations to the inaugurations a lot of cash in return for access. does that sound just a tad hypocritical? we will deal with it next. streamline the proce? at fidelity, we it by merging two toolinto one, combining your customized charts with leading-edge analysis tools from recognia so you can quickly spot key trends and possible entry and ex points. we like this idea so much that we've applied for a patent. i'm colin beck of fidelity investments. our integrated techcal analysis one more innovative reason seous investors are choosing fidelity. now get 200 free trades when you open an account. >> coming up tonight at 7:00 eastern, the obama middle east policy
they spent over 400 million dollars to get president obama re-elected. stuart: 400 million, that's a gigantic chunk of money. peter, always a pleasure, thanks very much for being with us, on a very important day. tomorrow will be a very important day because it is right to workday back in michigan. we appreciate you being with us. >> thank you very much. stuart: yes, sir. the white house sends out invitations to the inaugurations a lot of cash in return for access. does that sound just a...
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he got elected president, not king. he is not king. he is president. martha: are you saying that republicans are willing to go to 39.6% back to that rate but the place where they will hold the line is on the debt ceiling issue. >> rates go up no matter what we do. there needs to be revenue component of any big deal. i think capping deductions is better than raising rates. there will come a day in february and march where we have to raise the debt ceiling by trillions of dollars. we're 16 trillion in debt. is it responsible to keep borrowing money and never address why you're in debt to begin with. long-term debt is baby boomers retiring putting pressure on medicare, medicaid and social security. i hope my party will look out for the country and not just the party itself and push the president to do something it has never done before, lead in bipartisan way. martha: white house said they came up with a trillion dollars in cuts. >> that is joke. that is a joke. have you seen any market reaction to their plan? they do nothing to keep medicare and medicaid
he got elected president, not king. he is not king. he is president. martha: are you saying that republicans are willing to go to 39.6% back to that rate but the place where they will hold the line is on the debt ceiling issue. >> rates go up no matter what we do. there needs to be revenue component of any big deal. i think capping deductions is better than raising rates. there will come a day in february and march where we have to raise the debt ceiling by trillions of dollars. we're 16...
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we elected to stay away from it. we had 12,000-volts measured in the ground around the vehicle and left here, 5000-volts in the ground, so we had to stay away from it. we decided not to put water on it to protect the buildings. and we were able to extinguish it. >> >> reporter: were any of the vehicles in danger. >> the fire was escalating and there was a chance for the other buildings to become involved. >> reporter: were some of them evacuated. >> 35 of the children were moved out of the area. >> reporter: okay, and just looking at the truck, if we can show you the truck right there. it looks bad. how lucky is it that these guys were able to get out safely. >> the fire train of the volunteer firefighter, he used the training and saved himself and his partner and they got out safely. >> reporter: reporting live in san leandro, elissa harrington, cbs 5. >>> thank you for that live report. well, a man and a woman were found bound and gagged in the middle of a street right here at san francisco. >> the two were found a
we elected to stay away from it. we had 12,000-volts measured in the ground around the vehicle and left here, 5000-volts in the ground, so we had to stay away from it. we decided not to put water on it to protect the buildings. and we were able to extinguish it. >> >> reporter: were any of the vehicles in danger. >> the fire was escalating and there was a chance for the other buildings to become involved. >> reporter: were some of them evacuated. >> 35 of the...
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get election. two-and-a-half to throw a harder line on immigration, and it have to draw a harder line on latino voters overall? >> one thing that is, well, i get a lot of questions from people outside of arizona all the time that involves the first question which is what is wrong with arizona? particularly with arizona politics. one thing i have to tell individuals is we have a unique election system specifically with clean elections. you can get matching dollar for dollar contributions from the state of arizona should you be going up against a well-financed candidate would've been a primary or general election. and this has dramatically shifted the type of republicans that are now being elected to arizona state legislature. now with clean elections, rather than having to appeal to certain -- chamber of commerce intercept them what i call the country club republican, you go to state of arizona and be an ideologue and get matching dollar for dollar, so your moderate business-oriented republicans hav
get election. two-and-a-half to throw a harder line on immigration, and it have to draw a harder line on latino voters overall? >> one thing that is, well, i get a lot of questions from people outside of arizona all the time that involves the first question which is what is wrong with arizona? particularly with arizona politics. one thing i have to tell individuals is we have a unique election system specifically with clean elections. you can get matching dollar for dollar contributions...
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i filled the election is over and everybody ought to work together. -- the election is over, and i feel everybody ought to work together. social security, the people are paying most of the debt. second comment, all these ceo's and people the making millions and millions of dollars a year, let them pay their fair share of taxes, too. and no deductions whatsoever. third and final question is, on social security, they are giving a 1.7 reyes. is it fair for a person that is that rich person getting social security to get a 1.7 raise on what they get, and a person that is making $640 a month on their social security? host: some quick comments here on this. guest: what is interesting about the discussions with respect to social security is there is a lot of things on the table. it did not happen now. one of them may be indexing social security. it is being tested. more wealthy people would get less of the social security, depending on their actual income and assets. people of lorenz of the income spectrum would get more. i cannot say when that is when to come out. -- people on the lowe rincom
i filled the election is over and everybody ought to work together. -- the election is over, and i feel everybody ought to work together. social security, the people are paying most of the debt. second comment, all these ceo's and people the making millions and millions of dollars a year, let them pay their fair share of taxes, too. and no deductions whatsoever. third and final question is, on social security, they are giving a 1.7 reyes. is it fair for a person that is that rich person getting...
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the election is over and what is next on the president's plate? possibly a new tax to carbon emission. michigan congressman and chairman . house and congress committee fred upton. >> good to be here. >> steve: i thought we tried to pass it and it didn't work out. the house under speaker pelosi passed it five and the senate couldn't get it done and it died. >> steve: how could this possibly come to pass? >> it seems as those who think maybe if a republican and we'll go along with it if it come the republicans. it is not coming from the republicans. we'll do our best to make sure it is not a mole to pop up again. >> steve: for people who don't understand the carbon tax. producers of things that go up in the sky have to pay extra. >> that's right. every consume yer businesses pay more . so as we are just beginning to come out of the recession. my state michigan 38 consectative monthses of unemployment it is another incentive to move those jobs somewhere else and we would pay a higher costs and none of the rest of the world would. talk about a bad ide
the election is over and what is next on the president's plate? possibly a new tax to carbon emission. michigan congressman and chairman . house and congress committee fred upton. >> good to be here. >> steve: i thought we tried to pass it and it didn't work out. the house under speaker pelosi passed it five and the senate couldn't get it done and it died. >> steve: how could this possibly come to pass? >> it seems as those who think maybe if a republican and we'll go...
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joe manchin, the former governor and just re-elected senator of west virginia. >> i understand they took, four, five, six takes to get them to act as outrageously as they wanted to get it sensational. >> reporter: he is steaming. >> what i saw is not what i see in everyday life in west virginia. >> reporter: he fired off a letter to mtv, defending the dignity of his state and calling for changes. something chris christie tried in new jersey. >> mtv's "jersey shore" positive or negative for new jersey? >> negative. >> reporter: from mtv, nothing but support for buck wild. >> the kids have amazing, adventurous, carefree attitude. they live life, loud and proud. we follow that adventure. >> reporter: shame says the senator from west virginia. >> is this what we are trying to promote for the sake of a dollar, tv ratings, this is what you say you want to look up to and want your children watching at night? >> reporter: so far mtv has not commented on the letter from senator joe manchin. david kerley, abc new, washington. >> same backlash with "jersey shore." it was a huge hit. huge success. >
joe manchin, the former governor and just re-elected senator of west virginia. >> i understand they took, four, five, six takes to get them to act as outrageously as they wanted to get it sensational. >> reporter: he is steaming. >> what i saw is not what i see in everyday life in west virginia. >> reporter: he fired off a letter to mtv, defending the dignity of his state and calling for changes. something chris christie tried in new jersey. >> mtv's "jersey...
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although i think he would do better in a experienced election than a general election. he obviously has campaign apparatus, name id, et cetera, et cetera, thru br other candidates. it's not a slam dunk for him at all. >> if you look at it it's a different time than when he first ran. >> uh-huh. >> and won. he's been there six years. however -- four years? >> four years. >> bill: but a different time. he would be up against a different candidate? >> uh-huh. >> it would have to be a better candidate than martha cokely and et cetera tarnished by having lost to the elizabeth warren? >> he would have to run again? when is kerri's term up in three years, massive campaigns. >> deval patrick and ed markey veteran very popular powerful congressman, the 9th most powerful in terms of seniority who represents greater boston cham champ bridge area. he would be a formidable cabdate. >> and cot brown would like to move run for governor. they have a history of republican governors even before mitt romney, bill weld a bunch of others. >> that's not unheard of. >> it wouldn't be necessar
although i think he would do better in a experienced election than a general election. he obviously has campaign apparatus, name id, et cetera, et cetera, thru br other candidates. it's not a slam dunk for him at all. >> if you look at it it's a different time than when he first ran. >> uh-huh. >> and won. he's been there six years. however -- four years? >> four years. >> bill: but a different time. he would be up against a different candidate? >> uh-huh....
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>> the president himself kourg the election said 2 1/2 to one. now his proposal last week has $1.6 trillion in tax increases, $400 billion in spending cuts and another $200 billion in spending, plus an unlimited ability to borrow and raise the debt limit >> you'd be okay with 2 1/2 to 1? >> the bowles-simpson was about 3 to 1. frankly i don't think it's a revenue problem. i don't want to go over revenues. but you know, if we could get a deal that would put the country on a sound fiscal footing and change this trajectory that we're on, there perhaps could be some republican support for it. i'm not sure where i would come in. >> the -- part of the cliff that bothers you the most is that you'd like to do something with the sequester? or, if we were to sunset all the bush tax cuts? that would -- >> that would go -- republicans want to get rid of the deficit. that almost cures the deficit. and that was the rates that we had at one point. and they were supposed to sunset. and i guess there's never a good time. but what if they all sunsetted and you did
>> the president himself kourg the election said 2 1/2 to one. now his proposal last week has $1.6 trillion in tax increases, $400 billion in spending cuts and another $200 billion in spending, plus an unlimited ability to borrow and raise the debt limit >> you'd be okay with 2 1/2 to 1? >> the bowles-simpson was about 3 to 1. frankly i don't think it's a revenue problem. i don't want to go over revenues. but you know, if we could get a deal that would put the country on a...
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. >> if he would do what he said before the election as oppose to do the bait and switch what republicans like is like jerry bro brownicing t cooking the footba. >> the talk of taxes is almost irrelevant to the size of the trillions and trillions of debt. >> unwilling to compromise the democrats new york center chuck schumer said republicans should go ahead and make his day. >> debt ceiling will be part of the griement. i think our repub can colleagues have learned that to save the government is not going to pay his debt for something else is bad substance and bad politics. i don't think they will prevail on it. if they don't say we won't raise the debt ceiling because of medicare make our day. >> some republicans will take the tax hike some will keep one of them. >> a lot of people are looking for the theory. it has merit where you give the president the two percent rate increase on the top 2 percent and all of a sudden the shift goes back to entitlements. all of a sudden once you get him the right on the top 2 percent it's actually much lesser tax increase than what he has been talking
. >> if he would do what he said before the election as oppose to do the bait and switch what republicans like is like jerry bro brownicing t cooking the footba. >> the talk of taxes is almost irrelevant to the size of the trillions and trillions of debt. >> unwilling to compromise the democrats new york center chuck schumer said republicans should go ahead and make his day. >> debt ceiling will be part of the griement. i think our repub can colleagues have learned that...
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i think we're going to see the president, because he won the election, being tougher rhetorically about not compromises, although saying that he's open to compromise in order to see how far the republicans are willing to move. >> host: so we are taping this interview in the middle of the so-called fiscalically debate. how do you see january 1st -- how would you like to see january 1st come about? >> guest: well, it is clear that the vast majority of americans, and i'm with the vast majority of americans on this, would like to see a compromise before the end of 2012; otherwise, a lot of bad things will start to happen. it's clear to me -- it's not clear whether there will be one, although both sides stand to lose if there isn't, and that's a good recipe for compromise, but it is clear to me that if there is not a compromise before, it's better sooner than later. >> host: does a president of the university of pennsylvania, does the ceo, does the family member have to compromise on a daily basis? >> guest: absolutely has to compromise, whether on a daily basis, that's -- one doesn't want t
i think we're going to see the president, because he won the election, being tougher rhetorically about not compromises, although saying that he's open to compromise in order to see how far the republicans are willing to move. >> host: so we are taping this interview in the middle of the so-called fiscalically debate. how do you see january 1st -- how would you like to see january 1st come about? >> guest: well, it is clear that the vast majority of americans, and i'm with the vast...
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Dec 10, 2012
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dan says, thii tax bite is why we should hold elections on april 15th. that is a great idea. it all comes together. i love hearng from you. send me an e-mail. gerri@foxbusiness.com. finally tonight, just when you thought of retiring massachusetts congressman -- congressman barney frank was stepping out of the limelight, no way. the boston globe reporting the 72-year-old democratic congressman who is set to retire in january hired the big shot hollywood agency william morris to represent him in the next phase of his career. william morris is run by r.e.m. manuel, the brother of chicago mayor and the inspiration for the character
dan says, thii tax bite is why we should hold elections on april 15th. that is a great idea. it all comes together. i love hearng from you. send me an e-mail. gerri@foxbusiness.com. finally tonight, just when you thought of retiring massachusetts congressman -- congressman barney frank was stepping out of the limelight, no way. the boston globe reporting the 72-year-old democratic congressman who is set to retire in january hired the big shot hollywood agency william morris to represent him in...
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Dec 10, 2012
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he was first elected in 1999. >>> former president george h.w. bush remains in the hospital in houston tonight. the former president has been there since the day after thanksgiving struggling to overcome bronchitis. the 88-year-old bush is reportedly improving, but doctors are not in a hurry to send him home. mr. bush also has parkinson's disease which can complicate respiratory illness. >>> a career rapper did perform at a holiday concert in washington despite calls for him to be removed from the program. psy head to national fame earlier this year with gangnam style but in 2002 and 2004 he made anti-american protests saying their troops and their families should die. >>> just ahead all eyes on the impending fiscal cliff, as president obama sits down with house speaker john boehner to discuss the ongoing negotiations, our fox 5 political analyst mark plotkin will weigh in on the talks. >> and tragedy in the music world after a plane crashed in mexico believed to be carrying singer jenni rivera. we'll be right back with more. this holiday, share
he was first elected in 1999. >>> former president george h.w. bush remains in the hospital in houston tonight. the former president has been there since the day after thanksgiving struggling to overcome bronchitis. the 88-year-old bush is reportedly improving, but doctors are not in a hurry to send him home. mr. bush also has parkinson's disease which can complicate respiratory illness. >>> a career rapper did perform at a holiday concert in washington despite calls for him...
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Dec 10, 2012
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>> christie is in temporary quarantine because of his behavior in the last week of the election. he is in talk. -- detox. >> detox on the jon stewart show. >> you have bobby jindal, kelly ayotte, ted cruz -- unless you are barack obama, you don't imagine yourself as president before you even serve in this and it. [laughter] he will have to wait. obama, of course, is the one exception. but this is a strong young outfield. mitch daniels and in jeb bush on the outside. what this tells you is what could have been in 2012. you remember the line of it republican candidates earlier this year, it was not exactly a credit to the party. and 20 debate heard them. -- hurt them. >> the quarantined governor christie and the new jersey has a 72% favorable job rating among his constituents, the highest ever recorded by quinnipiac -- i mean, of any governor of any state. whenever republicans have done to shun him has worked very well in the garden state. [laughter] >> what about some of these other names? another democratic name? joe biden? too old? >> andrew cuomo. >> governor of maryland, marti
>> christie is in temporary quarantine because of his behavior in the last week of the election. he is in talk. -- detox. >> detox on the jon stewart show. >> you have bobby jindal, kelly ayotte, ted cruz -- unless you are barack obama, you don't imagine yourself as president before you even serve in this and it. [laughter] he will have to wait. obama, of course, is the one exception. but this is a strong young outfield. mitch daniels and in jeb bush on the outside. what this...
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Dec 10, 2012
12/12
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FBC
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i listen to speaker boehner say the day after the election, revenue is on the table. the american people want to compromise and make washington work. he said it again and put out a specific offer. all we have heard from the president is hard-line was no negotiation on the tax side and not one word about the entitlement reforms that wou have to match that for this plan to make any sense. and it is that absence of lead on the spending side and unwillingness to make compromises that will actually get deals done and have washington auction again that i think our marks against this lame-duck session. lou: you have projected, the action form has projected 10 million prospect of possibly 10 million people losing jobs, 10 percent unemployment. a 4% reduction in gdp if we go over that cliff. correct? >> that is absolutely right. i mean, this is a big tax increase. it's a big spending cut. more importantly, ifou look at the debt ceiling debate, we saw a sharp drop in consumer confidence and we saw that today in the december number. a sharp drop in consumer confidence, and you a
i listen to speaker boehner say the day after the election, revenue is on the table. the american people want to compromise and make washington work. he said it again and put out a specific offer. all we have heard from the president is hard-line was no negotiation on the tax side and not one word about the entitlement reforms that wou have to match that for this plan to make any sense. and it is that absence of lead on the spending side and unwillingness to make compromises that will actually...
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Dec 10, 2012
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(siren sounding). >> protesters setting a bus on fire over the upcoming elections. people are using rubber bullets to the crowd of demonstrators, at least two people killed and more than 100 injured. india, a rescue operation to save bounded elephant that dot stuck in this mud put. they were working to help get him out of the bud and a similar situation, and heavy machinery to get a mama elephant and her calf out of an open well. germany, three tons of cake, the handiwork of 20 bakers for the 19th dez den festival. this sold and that might be good cake. >> teas a wrap on this fox trip around the world. the philippines reeling from the powerful typhoon, suffered an emotional blow last night you might say when their nation's most famous athlete, boxer manny pacquiao, pacquia pacquiao, excuse me, the pac man is what he's called pretty much the way i've ever said it. and he was defeated in the 6th round. and in the audience none other than the republican nominee for president, mitt romney. and he and his wife ring side. a smoldering mess is all that's left of a crash, a
(siren sounding). >> protesters setting a bus on fire over the upcoming elections. people are using rubber bullets to the crowd of demonstrators, at least two people killed and more than 100 injured. india, a rescue operation to save bounded elephant that dot stuck in this mud put. they were working to help get him out of the bud and a similar situation, and heavy machinery to get a mama elephant and her calf out of an open well. germany, three tons of cake, the handiwork of 20 bakers for...
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Dec 9, 2012
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they did exactly well in the october elections. they are in a prime position to exploited the crisis in the regime. i don't think maduro is a shoo-in necessarily. >> he added if he were to be elected president of venezuela he would be as every bit as bad as u.s. ever since chavez took over venezuela his country as taken on a steady anti-american tone. he developed friendships with some of the world's worst dictators. no now, at least publicly chavez appears to be up for the continuing battling with cancer telling his people, quote, with god's will we will come out of this victorious. i have faith in that. that is a quote from chavez. >> gregg: arthel nevil, thanks. >> heather: as we mentioned we have just learned that president obama and house speaker john boehner met today at the white house to talk about ways to resolve the fiscal cliff. meanwhile, we have brand-new reaction from lawmakers from both sides of the aisle speaking out today with just weeks left to reach a deal and little reported progress. the fight appears to be mov
they did exactly well in the october elections. they are in a prime position to exploited the crisis in the regime. i don't think maduro is a shoo-in necessarily. >> he added if he were to be elected president of venezuela he would be as every bit as bad as u.s. ever since chavez took over venezuela his country as taken on a steady anti-american tone. he developed friendships with some of the world's worst dictators. no now, at least publicly chavez appears to be up for the continuing...
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Dec 9, 2012
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>> you're talking about an election that just ended. you're talking about a lame duck session and a new congress being sworn in it's the new congress that's going to deal with this and there's going to be significant changes. i think the president sitting back. letting the certain players and congress kind of figure out the main details. i have no doubt to come back after the president is sworn in again, he's going to put a major push in. i have no doubt about that. in fact it's smart politics, it's smart policy. i think you've seen republicans and democrats coming to terms with that, this is something that's going to get done. my guess is it's probably going to get done in the first year of the new presidency. joe after immigration reform, most folks suspect that immigration reform is going to get done in some way, shape or, form or fashion. after that, joe, what's, what do you think is going to be the focus of this president? >> i think this president has a numb of challenges. i think his biggest challenge of course right now is tryin
>> you're talking about an election that just ended. you're talking about a lame duck session and a new congress being sworn in it's the new congress that's going to deal with this and there's going to be significant changes. i think the president sitting back. letting the certain players and congress kind of figure out the main details. i have no doubt to come back after the president is sworn in again, he's going to put a major push in. i have no doubt about that. in fact it's smart...
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Dec 9, 2012
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the people who lost this election are holding out for the top 2% and the people who won this election are fighting for the 98%. that is a vast majority of americans including small businesses. i think that a fairer tax rate could only benefit them. >> this is interesting. you put up a survey on your website asking if your constituents two questions. one, do you want to extend the tax rates for 98% of americans and 97% of businesses and raise rates for those making over $250,000. what have people been responding to you through the website? >> oh, the vast majority want a fairer tax rate as to what we had in the clinton tax years. we know that was a time of prosperity. we need to return to that. that is what the polls say. 65% of the american people support president obama's policy on this fiscal issue. >> congresswoman, as we look at the data that has come in and more specific data, since the election and breaking it down by demographic and ethnicity, i want to get your perspective as chair of the caucus because new census data found that for the first time there were more asian immigr
the people who lost this election are holding out for the top 2% and the people who won this election are fighting for the 98%. that is a vast majority of americans including small businesses. i think that a fairer tax rate could only benefit them. >> this is interesting. you put up a survey on your website asking if your constituents two questions. one, do you want to extend the tax rates for 98% of americans and 97% of businesses and raise rates for those making over $250,000. what have...
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Dec 9, 2012
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when we asked -- these are exit polls from november 6, from the last election, of course. should same-sex marriage be legally recognized, yes, 49%, no, 46%. obviously, the country is closely divided on this. but we have seen a little bit of a shift in the numbers. brian, do you think that the time has come that attitudes about this have changed and the court will go with that change? >> no, i don't think that's the case at all. i mean, look, six months ago, north carolina voted by over 61% to protect marriage as the union of a man and a woman. of course, there were the four deep blue liberal statings that voted to redefine marriage, but that's an indication of the future of the you country. there is no constitutional right to redefine marriage. our founding fathers didn't see it that way, the last supreme court decision, the united states supreme court said there was no federal question here. so this is essentially making the law up as you go along, it is reading into the constitution. i do not believe the united states supreme court is going to launch another culture war,
when we asked -- these are exit polls from november 6, from the last election, of course. should same-sex marriage be legally recognized, yes, 49%, no, 46%. obviously, the country is closely divided on this. but we have seen a little bit of a shift in the numbers. brian, do you think that the time has come that attitudes about this have changed and the court will go with that change? >> no, i don't think that's the case at all. i mean, look, six months ago, north carolina voted by over...
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Dec 9, 2012
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to cap off his election win and get a clean start on his second term. a victory for the president would look like this -- get that top income tax rate up. make minimal concessions on entitlement cuts and get it done before the end of this month, avoid that cliff. this week the president said talk on a partial deal on taxes alone will not cut it with him. >> there have been reports that perhaps the republicans go ahead and let the middle class tax cuts get extended, the upper income tax cuts go up, otherwise we don't get a deal and next year we come back. i have to just tell you, that's -- that is a bad strategy for america. it's a bad strategy for your businesses, and it is not a game that i will play. chris: he wants a pretty good deal, a lot of things in it. when he sits down in that room with he and boehner, it's come down to the two of them, are both looking at the fact that obama won the election and he should get a tilt in his discretion, a 60-40 deal? >> i think boehner is a realist and when he said things like bahama care is the law of the land
to cap off his election win and get a clean start on his second term. a victory for the president would look like this -- get that top income tax rate up. make minimal concessions on entitlement cuts and get it done before the end of this month, avoid that cliff. this week the president said talk on a partial deal on taxes alone will not cut it with him. >> there have been reports that perhaps the republicans go ahead and let the middle class tax cuts get extended, the upper income tax...
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Dec 9, 2012
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the election is over. but have you a president that thinks he has the moral high ground, as a result of the election on the tax issue. and you have the republicans that have an identity crisis and are ignorant. we need to walk away, the extreme wings of both parties ad have reasonable people sit down, realize what the pain really is and what it will do and start solving problems. >> do you think this is the medicine that the federal budget needs? >> no! i think the republicans need to concede and allow the tax rates on the top 2% to go up to 39.6%. on november 6, americans voted to have those tax rates go up. that was the difference between mitt romney's plan and the president's plan. americans have spoken. while the house, you know, is still controlled by republicans, the senate and the white house are control bide democrats. and republicans need to make concessions in order to allow us not to go off the cliff. while that won't be the end of the world, we don't want to go off the cliff and have the stock
the election is over. but have you a president that thinks he has the moral high ground, as a result of the election on the tax issue. and you have the republicans that have an identity crisis and are ignorant. we need to walk away, the extreme wings of both parties ad have reasonable people sit down, realize what the pain really is and what it will do and start solving problems. >> do you think this is the medicine that the federal budget needs? >> no! i think the republicans need...
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Dec 9, 2012
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you can see the movement in primaries repubcans lost where they could have one of the general election, orn, supporting marco rubio early against charlie crist. the other hd written story is that you have two majo conservative figures leaving this week. you had dick armey leaving freedomworks, a very conservative outfit aligned with the tea party, and getting an $8 million buyouout. jim demint has gone fr the fourth poorest man in the senate's an institution, the heritage foundation, and more than $1 million. armey-demint --- they are like the congregationalist in hawaii. they came to do good, and they're doing very well. [laughter] >> with him leaving the senate and going to the hetage foundation, i think the intellectual level both places lifts up. now -- you got it. >> yeah, i got it. >> remember, heritage was the originator of the idea of the federal mandate for health insurance. >> he said we spend too much time concentrating on o obama and not our positions. don't forget that it was jim demint in 2009 who said that if we stop him on health care, this will be his waterloo. we will
you can see the movement in primaries repubcans lost where they could have one of the general election, orn, supporting marco rubio early against charlie crist. the other hd written story is that you have two majo conservative figures leaving this week. you had dick armey leaving freedomworks, a very conservative outfit aligned with the tea party, and getting an $8 million buyouout. jim demint has gone fr the fourth poorest man in the senate's an institution, the heritage foundation, and more...
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Dec 9, 2012
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what did the 2012 elections clarify for you? >> that we as republicans need to do something to grow as a party. we are in danger of becoming a dinosaur if we don't figure out what people want out on the west coast, new england, around the great lakes. they are solid blue. until we figure out what people want we are not going to win again as a party. >> what do you think they're one? >> i think they are conservative. it think we should balance our budget, but they also don't think we should be have were everywhere all the time. they want a little more tolerant policy as far as putting people in prison for possession of marijuana. i think it would like to see more local judges take care of that unless present time. i'm not in favor of encouraging people to use marijuana, but i don't think we should be putting people in jail for another. >> this is your second book. we did a long form interview on your first book. you can once that at booktv.org. just put rand paul into the search function. the premise of that first book. >> the fi
what did the 2012 elections clarify for you? >> that we as republicans need to do something to grow as a party. we are in danger of becoming a dinosaur if we don't figure out what people want out on the west coast, new england, around the great lakes. they are solid blue. until we figure out what people want we are not going to win again as a party. >> what do you think they're one? >> i think they are conservative. it think we should balance our budget, but they also don't...